GSWO vs RODM: Grades, Fees and Holdings Compared

Goldman Sachs ActiveBeta World Equity ETF

GSWOACboe

Hartford Multifactor Developed Markets (ex-US) ETF

RODMANYSE Arca

Overlap

11.9%by weight

Expense ratio

GSWO −0.14pt a year

GSWO0.15%RODM0.29%

Avg volume · 30D

RODM 1.4×the volume

GSWO64KRODM88.7K

GSWO vs RODM Performance

Jul 31, 2026 – Oct 30, 2026

+0.5%GSWO+0.9%RODM

Expense ratio: GSWO 0.15%, better; RODM 0.29%
Fund size: GSWO $1.79B; RODM $1.68B
1Y total return: GSWO No data; RODM +21.6%
Yield (12M): GSWO 1.46%; RODM 2.76%, better
Holdings: GSWO 751; RODM 338
Avg volume (30D): GSWO 64K sh; RODM 88.7K sh, better
NAV per share: GSWO $64.95; RODM $42.07
52W range

ETF.net Grade

Pillar letters and Scores for GSWO, RODM, with each pillar’s weight
Pillar	GSWO	RODM
Cost30% weight	A98Higher	B67
Mission25% weight	Not scored	Not scored
Risk15% weight	B67	A90Higher
Tradability15% weight	A86Higher	B60
Holdings10% weight	F22	A72Higher
Durability5% weight	B62	A70Higher

Rank among International Multifactor funds

How we build Categories ›

Same Category. GSWO and RODM are both graded against the same 30 International Multifactor funds, so their Grades compare head to head.

International Multifactor⁠

Category · 30 funds

See all 30 ›

GSWO ranks 3rd and RODM 5th of 30 funds in the International Multifactor Category.

Rank 1AINTFiShares International Equity Factor ETFScore 79
Rank 2ADFAIDimensional International Core Equity Market ETFScore 77
Rank 3AGSWOGoldman Sachs ActiveBeta World Equity ETFScore 76
Rank 4AFDEVFidelity International Multifactor ETFScore 73
Rank 5ARODMHartford Multifactor Developed Markets (ex-US) ETFScore 71
Rank 6BISCFiShares International Small-Cap Equity Factor ETFScore 69

Our read on each fund

ETF.net Research

GSWOAGoldman Sachs ActiveBeta World Equity ETF

RODMAHartford Multifactor Developed Markets (ex-US) ETF

In short

GSWO Four factor tilts (value, momentum, quality, low volatility) on developed markets outside the US, for 15 basis points. Goldman's ActiveBeta rules at a price closer to an index fund than an active one.

RODM Most international factor funds pick cheap, quality and momentum stocks and let the country weights land where they may. RODM's index does the factor work inside risk limits built to de-concentrate country, currency and single-company exposure.

Stated mandate

GSWO The fund is an ActiveBeta World Equity ETF designed to track an ActiveBeta Index and provide exposure to value, momentum, quality, and low-volatility characteristics.

RODM Seeks, before fees and expenses, to track the total return of the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index, which covers companies in major developed markets outside the United States.

Why people hold it

GSWO 0.15% a year against a 0.69% median for its global active-equity peers, and cheaper than fellow top-graded names DFAW (0.24%) and AVGE (0.25%).
Value, momentum, quality and low volatility come from one published ActiveBeta index methodology, not a manager's discretionary call.gsam.com
Stands among the strongest implementations in its global equity peer group: a multi-billion-dollar fund in the standard 1940 Act ETF wrapper that pays quarterly.

RODM The index scores developed-market companies on value, momentum and quality, then selects the highest-scoring names within its risk parameters rather than at any price.hartfordfunds.com
A 0.29% expense ratio sits below the typical international multifactor fund, though INTF (0.16%) and FDEV (0.18%) charge less.
Live since 2015, a multi-billion-dollar fund holding roughly 300 stocks across Europe, Canada and the Pacific: an established vehicle, not a recent launch.hartfordfunds.com
One of the stronger implementations in the international multifactor group, with the risk-control machinery its clearest differentiator.

Worth knowing

GSWO Despite the "World" name, the reference index is MSCI World ex USA, so US stocks sit outside the mandate.
Launched in 2022, so the live record is short, and factor blends can trail plain cap-weighted benchmarks for long stretches.
Four factors in one basket can pull against each other; the net tilt is milder than a single-factor fund.

RODM De-concentration by design: country and company weights can look very different from a cap-weighted developed-markets benchmark, so returns will diverge from it.hartfordfunds.com
Cash comes back annually or semiannually, not monthly or quarterly.
Trading volume is moderate rather than heavy, so spreads can widen when the underlying overseas markets are closed.

Full GSWO profile⁠

Full RODM profile⁠

GSWO vs RODM Holdings

How GSWO and RODM differ

Overlap by weight

11.9%

Shared holdings make up 58.5% of RODM and 12.8% of GSWO.

Level by level

Holdings154 in both11.9%
Countryby domicile30.4%
Asset classEquity100%

Sector

No Sector split for GSWO.

Country, concentration and asset class

Country by domicile

Country weights in GSWO and RODM, widest gap first
Country	More in GSWOMore in RODM	GSWO	RODM
United States	GSWO +69.0 points	69.3%	0.3%
Canada	RODM +13.8 points	3.3%	17.1%
Japan	RODM +13.0 points	8.5%	21.5%
Australia	RODM +7.6 points	1.8%	9.4%
United Kingdom	RODM +6.4 points	3.1%	9.5%
France	RODM +4.5 points	1.4%	5.9%
Sweden	RODM +3.6 points	0.7%	4.3%
Singapore	RODM +2.5 points	0.6%	3.1%
Other countries (19)	RODM +17.5 points	11.3%	28.8%

Outside the US: GSWO 95% developed, 5% emerging. RODM 96% developed, 4% emerging.

Concentration

Weight in the 10 largest Holdings

GSWO27.5%
RODM9.7%

Securities held

GSWO740
RODM324

Asset class

GSWO: Equity
RODM: Equity

Holdings

Only in GSWO586
In both154
Only in RODM170

Only in GSWO

586 securities, 86.9% of GSWO by weight

NVIDIA Corporation5.65%
Apple Inc.5.62%
Microsoft Corporation4.24%
Amazon.com Inc2.60%
Alphabet Inc.1.85%
Broadcom Inc.1.76%
Alphabet Inc.1.60%
Meta Platforms Inc-Class A1.52%
Eli Lilly & Co1.35%
Tesla Inc.1.32%
Micron Technology, Inc.1.27%
JPMorgan Chase & Co1.02%
Advanced Micro Devices Inc.1.02%
Visa Inc.0.80%
Exxonmobil Holdings Corporation0.80%
Berkshire Hathaway Inc.0.77%
Asml Holding N.v.0.75%
Johnson & Johnson0.74%
Walmart Inc0.66%
Mastercard Incorporated0.60%
AbbVie Inc.0.57%
Costco Wholesale Corporation0.50%
Cisco Systems, Inc.0.48%
Palantir Technologies Inc.0.46%
UnitedHealth Group Incorporated0.45%
Intel Corporation0.44%
Chevron Corporation0.44%
Lam Research Corporation0.41%
Coca-Cola Company (The)0.41%
Merck & Co., Inc.0.38%
Applied Materials Inc0.37%
The Home Depot, Inc.0.37%
The Procter & Gamble Company0.37%
Bank of America Corp0.36%
General Electric Company0.34%
Recruit Holdings Co., Ltd.0.33%
Palo Alto Networks Inc.0.33%
Philip Morris Intl Inc0.32%
Advantest Corp0.32%
Caterpillar Inc (Delaware)0.32%
Kla Corp0.31%
Texas Instruments Inc.0.30%
Wells Fargo & Company0.29%
Citigroup Inc.0.28%
Seagate Technology Holdin PLC0.28%
Rtx Corp0.27%
Ge Vernova Llc0.27%
Morgan Stanley0.26%
Netflix, Inc.0.26%
Intl Business Machines Corp0.25%

Only in RODM

170 securities, 40.9% of RODM by weight

Gsk PLC Spon Adr Adr0.89%
Canon Inc Common Stock0.85%
Bunzl PLC Common Stock GBP.32142860.80%
Boc Hong Kong Holdings Ltd Common Stock0.80%
Swisscom AG Reg Common Stock CHF1.00.76%
Millicom Intl Cellular S.a. Common Stock USD1.50.74%
Otsuka Corp Common Stock0.70%
Novo Nordisk A/S Spons Adr Adr0.69%
Cgi Inc Common Stock0.66%
Qantas Airways Ltd Common Stock0.62%
Ck Asset Holdings Ltd Common Stock HKD1.00.61%
Seiko Epson Corp Common Stock0.60%
Tisi Inc Common Stock0.58%
Toromont Industries Ltd Common Stock0.56%
Bp PLC Spons Adr Adr0.53%
Yangzijiang Shipbuilding Common Stock0.53%
Fujifilm Holdings Corp Common Stock0.52%
Ia Financial Corp Inc Common Stock0.51%
Ono Pharmaceutical Co Ltd Common Stock0.50%
Var Energi Asa Common Stock NOK.160.49%
Infroneer Holdings Inc Common Stock0.48%
Publicis Groupe Common Stock EUR.40.48%
Nokia Corp Spon Adr Adr0.47%
Finning International Inc Common Stock0.45%
Centrica PLC Common Stock GBP.0617280.45%
Niterra Co Ltd Common Stock0.44%
Daito Trust Construct Co Ltd Common Stock0.44%
Asml Holding NV Ny Reg Shs Ny Reg Shrs EUR.090.44%
Secom Co Ltd Common Stock0.43%
Whitecap Resources Inc Common Stock0.43%
Nutrien Ltd Common Stock0.42%
Nn Group NV Common Stock EUR.120.41%
Essity Aktiebolag B Common Stock SEK3.350.40%
Aurizon Holdings Ltd Common Stock0.40%
Asahi Kasei Corp Common Stock0.40%
Clp Holdings Ltd Common Stock0.40%
Merck Kgaa Common Stock0.40%
Sysmex Corp Common Stock0.40%
Meiji Holdings Co Ltd Common Stock0.39%
Deutsche Boerse AG Common Stock0.38%
Vicinity Centres Reit0.37%
Insurance Australia Group Common Stock0.37%
Intact Financial Corp Common Stock0.36%
Compass Group PLC Common Stock GBP.11050.35%
Washington H Soul Pattinson Common Stock0.35%
Tfi International Inc Common Stock0.34%
Comsys Holdings Corp Common Stock0.34%
Ccl Industries Inc Class B Common Stock0.34%
Commerzbank AG Common Stock0.34%
British American Tob Sp Adr Adr0.32%

Weight gaps

The 100 widest of 154 Holdings in both funds.

Holding weights in GSWO and RODM, widest gap first
Holding	More in GSWOMore in RODM	GSWO	RODM
Ericsson (Lm) Telefon-	RODM +1.02 points	0.06%	1.08%
Aib Group Public Limited Company	RODM +0.92 points	0.05%	0.97%
Equinor Asa	RODM +0.90 points	0.10%	1.00%
Totalenergies SE	RODM +0.82 points	0.21%	1.03%
Astellas Pharma Inc.	RODM +0.80 points	0.15%	0.95%
Otsuka Holdings Co., Ltd.	RODM +0.77 points	0.10%	0.87%
Fairfax Financial Hldgs Ltd	RODM +0.76 points	0.07%	0.83%
Bank of Montreal	RODM +0.75 points	0.13%	0.88%
Singapore Airlines Ltd.	RODM +0.75 points	0.04%	0.79%
Endesa SA	RODM +0.71 points	0.03%	0.74%
Magna International Inc.	RODM +0.71 points	0.07%	0.78%
Koninklijke Ahold Delhaize NV	RODM +0.70 points	0.11%	0.81%
Suncor Energy Inc.	RODM +0.70 points	0.14%	0.84%
A.p. Moeller - Maersk A/S Class B	RODM +0.69 points	0.08%	0.77%
Manulife Financial Corp	RODM +0.68 points	0.05%	0.73%
Qbe Insurance Group Limited	RODM +0.68 points	0.05%	0.73%
Swiss Re AG	RODM +0.64 points	0.05%	0.69%
Novartis AG Shs	RODM +0.64 points	0.34%	0.98%
Shell PLCSHEL.L	RODM +0.63 points	0.28%	0.91%
Roche Holding AG	RODM +0.63 points	0.39%	1.02%
Bank of Nova Scotia (The)	RODM +0.63 points	0.11%	0.74%
Repsol Ypf SA	RODM +0.62 points	0.06%	0.68%
Cap Gemini	RODM +0.62 points	0.03%	0.65%
Sun Life Financial Inc.	RODM +0.60 points	0.09%	0.69%
Coles Group Limited	RODM +0.60 points	0.11%	0.71%
Canadian Natural Resources	RODM +0.58 points	0.10%	0.68%
Natwest Group PLCNWG.L	RODM +0.58 points	0.09%	0.67%
E.on SE	RODM +0.58 points	0.02%	0.60%
Great West Life Co Inc	RODM +0.58 points	0.07%	0.65%
Woolworths Group Limited	RODM +0.58 points	0.12%	0.69%
Royal Bank of Canada	RODM +0.58 points	0.29%	0.87%
Telstra Group Ltd	RODM +0.55 points	0.03%	0.58%
Compagnie Generale Des Etablissements Michelin	RODM +0.52 points	0.06%	0.58%
Bnp Paribas	RODM +0.52 points	0.09%	0.61%
Yara International Asa	RODM +0.51 points	0.02%	0.53%
Sanofi	RODM +0.51 points	0.04%	0.55%
Zurich Insurance Group AG	RODM +0.50 points	0.08%	0.58%
Bank Hapoalim B.m. (Ord)	RODM +0.48 points	0.05%	0.53%
Alimentation Couche-Tard Inc.	RODM +0.48 points	0.04%	0.52%
Allianz SE	RODM +0.48 points	0.17%	0.65%
Ocbc Ltd	RODM +0.48 points	0.06%	0.54%
Bridgestone Corp	RODM +0.47 points	0.04%	0.51%
Bank Leumi Le-Israel B.m.	RODM +0.48 points	0.04%	0.52%
Next PLCNXT.L	RODM +0.47 points	0.12%	0.59%
United Overseas Bank Ltd	RODM +0.46 points	0.04%	0.50%
Loblaw Cos Ltd	RODM +0.45 points	0.09%	0.54%
Engie	RODM +0.45 points	0.04%	0.49%
Canadian Imperial Bank of	RODM +0.45 points	0.12%	0.57%
Sonic Healthcare Limited	RODM +0.43 points	0.02%	0.45%
Orange	RODM +0.42 points	0.03%	0.45%
Tesco PLCTSCO.L	RODM +0.42 points	0.07%	0.49%
Toronto Dominion Bank	RODM +0.41 points	0.27%	0.68%
Ageas Sa/Nv	RODM +0.41 points	0.04%	0.45%
Nippon Express Holdings, Inc.	RODM +0.40 points	0.11%	0.51%
Ricoh Co.,ltd.	RODM +0.39 points	0.05%	0.44%
Rio Tinto PLCRIO.L	RODM +0.39 points	0.07%	0.46%
Canadian National Railway Co.	RODM +0.39 points	0.07%	0.46%
Jb Hi-Fi Limited	RODM +0.38 points	0.06%	0.44%
George Weston Limited	RODM +0.38 points	0.04%	0.42%
Securitas Ab Ser B SEK4	RODM +0.37 points	0.04%	0.41%
Japan Post Insurance Co., Ltd	RODM +0.38 points	0.05%	0.42%
Wh Group Limited	RODM +0.37 points	0.03%	0.40%
Cenovus Energy Inc.	RODM +0.35 points	0.07%	0.42%
Sitc International Holdings Company Ltd	RODM +0.35 points	0.04%	0.39%
Sumitomo Mitsui Trust Group Inc	RODM +0.35 points	0.05%	0.40%
Power Corp Canada (Com)	RODM +0.35 points	0.06%	0.41%
Ck Hutchison Holdings Limited	RODM +0.31 points	0.06%	0.37%
Bhp Group Limited	RODM +0.30 points	0.19%	0.49%
Kddi Corporation	RODM +0.30 points	0.08%	0.38%
National Bank Cda Montreal Que	RODM +0.30 points	0.05%	0.35%
Unipol Assicurazioni S.p.a.	RODM +0.30 points	0.05%	0.35%
Sats Ltd	RODM +0.28 points	0.04%	0.32%
Dhl Group	RODM +0.26 points	0.18%	0.44%
Brother Industries Ltd	RODM +0.26 points	0.06%	0.32%
Phoenix Finance Ltd	RODM +0.26 points	0.04%	0.30%
United Mizrahi Bank ILS0.01	RODM +0.26 points	0.02%	0.28%
Muenchener Rueckvers.ges.ag	RODM +0.25 points	0.07%	0.32%
MS&AD Insurance Group Holdings	RODM +0.25 points	0.07%	0.32%
Bezeq, The Israel	RODM +0.24 points	0.03%	0.27%
First International Bank	RODM +0.23 points	0.02%	0.25%
Vinci SA	RODM +0.24 points	0.04%	0.28%
Nestle S.a.	RODM +0.23 points	0.20%	0.43%
Japan Post Holdings Co. Ltd.	RODM +0.22 points	0.06%	0.28%
Generali	RODM +0.21 points	0.03%	0.24%
Orion Oyj	RODM +0.21 points	0.13%	0.34%
Enel Spa Eur 1	RODM +0.20 points	0.07%	0.27%
Dai Nippon Printing Co., Ltd.	RODM +0.20 points	0.02%	0.22%
Norsk Hydro Asa	RODM +0.20 points	0.03%	0.23%
Trend Micro Inc.	RODM +0.20 points	0.10%	0.30%
Sanwa Holdings Corporation	RODM +0.17 points	0.03%	0.20%
Sompo Holdings, Inc.	RODM +0.17 points	0.10%	0.27%
Acs, Actividades De Construccion Y Servicios SA	RODM +0.15 points	0.06%	0.21%
Koninklijke Philips N.v.	RODM +0.15 points	0.08%	0.23%
Sumitomo Mitsui Fin Group, Inc	RODM +0.15 points	0.18%	0.33%
Ngk Corp	RODM +0.15 points	0.05%	0.20%
Hennes & Mauritz Ab	RODM +0.15 points	0.08%	0.23%
Standard Chartered PLCSTAN.L	RODM +0.13 points	0.09%	0.22%
Danone	RODM +0.13 points	0.03%	0.16%
Abb Ltd	GSWO +0.13 points	0.14%	0.01%
Smith & Nephew PLCSN.L	RODM +0.13 points	0.03%	0.16%

All 741 GSWO holdings⁠All 346 RODM holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GSWO vs RODM Cost

Overpaying RODM vs GSWO

$2,815

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

GSWO 0.15%
$3,137
RODM 0.29%
$5,952

Amount$10,000

Years30 years

Cost over time

GSWO 0.15%
RODM 0.29%
Overpaying

Year by year

Year	GSWO	RODM	Overpaying
10	$274	$527	$253
20	$1,071	$2,044	$973
30	$3,137	$5,952	$2,815

Expense ratio

0.15%GSWO, cheaper
0.29%RODM

GSWO0.15%RODM0.29%

0.15%0.80%

Middle half of International Multifactor funds
Median 0.34%

GSWO cheapest of 30 funds

RODM 11th cheapest of 30 funds

GSWO vs RODM Dividends

Last 12 months to Oct 30, 2026

Yield (12M): GSWO 1.46%; RODM 2.76%, better
Payout (12M): GSWO $0.93; RODM $1.16
Last payment: GSWO $0.20; RODM $0.64
Ex-dividend: GSWO Sep 24, 2026; RODM Jun 25, 2026
Paid on: GSWO Sep 30, 2026; RODM Jun 29, 2026
Frequency: GSWO Quarterly; RODM Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

GSWOQuarterly · 18 paymentsAll GSWO payments⁠

RODMTwice a year · 19 paymentsAll RODM payments⁠

GSWO vs RODM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GSWO No dataRODM 10.2%
Return per unit of riskSharpe ratio, 3 years: GSWO No dataRODM 1.71
Worst fallMax drawdown, 5 years: GSWO No dataRODM −27.4%
Market sensitivityBeta, 5 years: GSWO 0.75RODM 0.64; Market = 1

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